The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-08-20
NEW ADVERTISEMENTS

I'VE" NOS@Ns sSS-'v'e'S' - h.
advantage of the corporation: and for Sc
to mortgage and pledge its railroads, its
capital stock. its corporate franchises, and
any or all of its real or personal property,
or both.
All citations shall be served upon the
President, or in his absence. upon the Sec
rotary, Treasurer or Ge. eral Attorney of
said corporation.
AlsrICLEV.
Section l. The amount of capital stock
OF said corporation shall be three millions
5000, O00.00l dollars consisting OF thirty
(ac) thousand $50. OOo) shares OF the par value
of one Numbered iSlOo.oo) dollars each.
Sec. =. The time and manner of paying
subscriptions for stock of this corporation
shall be determined by the Board OF Direct
| ors except that no stock or bonds shall be
issued by the company, unless 1t be Tor
services rendered, or for money or property
actually received, or for labor done.
Sec. ). In case of n failure Oh the part of
any subscriber to pay the whole or any
portion OF his subscription ut tho times or
III the manner fixed by the Directors. the
shares of stock so subscribed for under
such subscription, and all payments there
fore made hereunder, shall be forfeited to
| the company without any further action on
| the part of the company; but all liability
OF said subscriber to said company by rea-
son of such unpaid subscription shall, upon
such forfeiture, cease and wholly deter
mine.
See 1. Until such forfeiture. no stock
holder shall be held liable or RESPONSE BILE
for the contracts and faults of the company
in any further sum than the unpaid bal
ance or balances due to the company on
shares owned by him or her.
ARTICLE vi.
Section L. The corporate powers of the
company shall be vested in II Board OF Di-
rectors composed of seven stockholders to
| be elected in accordance with tho bylaws
of tho company; and in such other officers
| appointed by such Board. No person shall
| be a Director who is not the actual owner
| OF at least ten shares of the capital stock of
said company. Directors shall be elected
annually, but in case any such annual
meeting is not held at the time appointed
tho Directors i'll office shall continue there
in until others are elected to fill their
places. Upon tho death, resignation, or
other disability of any officer, or director,
| the remaining directors shall have power
| to fill the vacancies caused thereby. The
| be President of said corporation, and an
other to be Vice-Presdent: and may elect
| from themselves, or appoint from others
outside of tho Directors, one person to be
Secretary, and another person to be Troas
| urer of the company. Said Directors shall
have power to make and prescribe such
| bylaws, and rules, and regulations for tho
government of the company as they may
| deem advisable; and shall have the power
! to alter, amend and revoke the same from
| time to time as they shall see fit.
| by ballot and every stockholdcr shall be
entitled to one vote, in person or by proxy,
| for each share of stock owned by him for
at least thirty days previous to said cleo
| ton.
| Sec. 3. Three Directors shall constitute n
quorum for the transaction of business.
Sec. 4. The annual meeting for tho cleo
| ton of Directors, and tho transaction of
| such business us may be brought before
| tho meeting, shall be held on tho first
Tuesday in the month OF December of zach
year
| ARTICLE VII.
This corporation may DO dissolved at II
general meeting Of the stockholders, con-
vened tor that purpose, with the consent OF
| and upon the vote oftwo. thirds of the stock
! represented at such meetings; and in case
| of such dissolution, the liquidation shall be
conducted by three commissioners elected
| by ballot at such meeting; at tho termina-
ton of this chart or the liquidation shall he
conducted by q similar board of three com
missioners to be in tho same way elected ut
| a general meeting of the st ock holders con
WILLIAM A. BRIGHT,
CHAS. N. KIGHT,
| A. w. FILES.
| III presence Of
G. :. COLLINS.
Il. =. III. EARR.
| ELLIOT X. MORGAN.
Z. l.. MULI.IGAN,
EUG. w. MULLIGAN.
| as to witness Of Elliot X. Morgan.
| JACK w. JOHNSON.
GEO. H. WADDELL,
| l.. A. MAY.
as to witness of Jack W. Johnson.
GARRETT HARDCASTLE,
A. j. HENLEY,
as to witness of James Converse.
'rH Co i NJ HG oErTLAsK1. DO i. known
that on this 10Th May, 1857. personally came
hight and A. w. Files, and who in my
presence signed the foregoing Articles o
incorporation, In witness whereof / have
hereto set my hand and official seal on tho
| (-) day and year above mentioned.
! SEAL. ii. G. HINTON,
(~-) Notary Public
STATE OF PENNSYLVANIA,
COUNTY OF JUIERO, SIS. 30
known that on this Sd day of June, 1887
personally came Elliot r. Morgan, and who
in my presence signed tho foregoing Ar
tices of Incorporation. In witness where
of have hereto set my hand and notaria
= (--.) seal on the day and year above
- l.. l.. MuLLIGAN, Not. Pub
STATE OF ALABAMA,
COUNTY OFJEFFEKSON. Bcitknow,
that on this 18th day OF june 1887, person
ally camo Jack w. johnson, who in m,
, presence signed tho foregoing Articles o
: incorporation. In witness whereof hav,
~ hereto set my hand and seal OF
SEAL. the day and year above mentioned
5 STATE OF TENAS,
COUNTY OF HARRIS, ! BE il known
y that on this I'd day of August, 1857, person
: ally came James Converse, and who in m
I presence signed the foregoing Articles q
u incorporation. In witness whereof hav
| hcrciO set my hand and notarial seal on tn
49, day and year above written.
; ! SEAL. GARRETT IIARDCASTLE,